Common use of Termination by Reason of Death or Disability Clause in Contracts

Termination by Reason of Death or Disability. (i) Notwithstanding anything to the contrary contained in this Agreement, the employment hereunder of the Executive shall be automatically terminated upon the death of the Executive after which time the Company shall have no further obligation to the Executive or his estate for any compensation or benefits hereunder, except to the extent any compensation or benefits are due to the Executive or his estate for any period prior to his death, provided, however, that this Section 5(e)(i) shall not affect in any manner any other benefits to which the Executive or his estate may be entitled or which may vest or accrue upon his death under any arrangement, plan or program (other than this Agreement) with the Company, by law or otherwise.

Appears in 16 contracts

Samples: Employment Agreement (Independent Bank Corp), Employment Agreement (Independent Bank Corp), Employment Agreement (Independent Bank Corp)

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Termination by Reason of Death or Disability. (i) Notwithstanding anything to the contrary contained herein, in this Agreementthe event the Executive should die while he is employed by the Company, the Executive’s employment hereunder of the Executive shall be automatically terminated upon the death of the Executive after which time and the Company shall have no further obligation obligations under this Agreement to pay compensation or benefits to the Executive or his estate for any compensation or benefits hereunderestate, except to the extent any compensation or benefits are due to the Executive or his estate for any period prior to his death, ; provided, however, that this Section 5(e)(i5(E)(i) shall not affect in any manner any other benefits to which the Executive or his estate may be entitled or which may vest or accrue upon his death under any arrangement, program or plan or program with the Company (other than this Agreement) with the Company), by law or otherwise.

Appears in 3 contracts

Samples: Employment Agreement (Independent Bank Corp), Employment Agreement (Independent Bank Corp), Employment Agreement (Independent Bank Corp)

Termination by Reason of Death or Disability. (i) Notwithstanding anything to the contrary contained in this Agreement, the employment hereunder of the Executive shall be automatically terminated upon the death of the Executive after which time the Company shall have no further obligation to the Executive or his her estate for any compensation or benefits hereunder, except to the extent any compensation or benefits are due to the Executive or his her estate for any period prior to his her death, provided, however, that this Section 5(e)(i) shall not affect in any manner any other benefits to which the Executive or his her estate may be entitled or which may vest or accrue upon his her death under any arrangement, plan or program (other than this Agreement) with the Company, by law or otherwise.

Appears in 2 contracts

Samples: Employment Agreement (Independent Bank Corp), Employment Agreement (Independent Bank Corp)

Termination by Reason of Death or Disability. (i) Notwithstanding anything to the contrary contained in this Agreement, the employment hereunder of the Executive shall be automatically terminated upon the death of the Executive after which time the Company shall have no further obligation to the Executive or his estate for any compensation or benefits hereunderbenefits, except to the extent any compensation or benefits are due to the Executive or his estate for any period prior to his death, provided, however, that this Section 5(e)(i) shall not affect in any manner any other benefits to which the Executive or his estate may be entitled or which may vest or accrue upon his death under any arrangement, plan or program (other than this Agreement) with the CompanyCompany or any of its Affiliated Companies, by law or otherwise.

Appears in 2 contracts

Samples: Employment Agreement (Independent Bank Corp), Employment Agreement (Independent Bank Corp)

Termination by Reason of Death or Disability. (i) Notwithstanding anything to the contrary contained in this Agreement, the employment hereunder of the Executive shall be automatically terminated upon the death of the Executive after which time the Company shall have no further obligation to the Executive or his estate for any compensation or benefits hereunderbenefits, except to the extent any compensation or benefits are due to the Executive or his estate for any period prior to his death, ; provided, however, that this Section 5(e)(i5(f)(i) shall not affect in any manner any other benefits to which the Executive or his estate may be entitled or which may vest or accrue upon his death under any arrangement, plan or program (other than this Agreement) with the CompanyCompany or any of its Affiliated Companies, by law or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Independent Bank Corp)

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Termination by Reason of Death or Disability. (i) Notwithstanding anything to the contrary contained in this Agreement, the employment hereunder of the Executive shall be automatically terminated upon the death of the Executive after which time the Company shall have no further obligation to the Executive or his estate for any compensation or benefits hereunder, except to the extent any compensation or benefits are due to the Executive or his estate for any period prior to his death, provided, however, that this Section 5(e)(i5 (e)(i) shall not affect in any manner any other benefits to which the Executive or his estate may be entitled or which may vest or accrue upon his death under any arrangement, plan or program (other than this Agreement) with the Company, by law or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Independent Bank Corp)

Termination by Reason of Death or Disability. (i) Notwithstanding anything to the contrary contained herein, in this Agreementthe event the Executive should die while he is employed by the Company, the Executive's employment hereunder of the Executive shall be automatically terminated upon the death of the Executive after which time and the Company shall have no further obligation obligations under this Agreement to pay compensation or benefits to the Executive or his estate for any compensation or benefits hereunderestate, except to the extent any compensation or benefits are due to the Executive or his estate for any period prior to his death, provided, however, that this Section 5(e)(i6(e)(i) shall not affect in any manner any other benefits to which the Executive or his estate may be entitled or which may vest or accrue upon his death under any arrangement, program or plan or program with the Company (other than this Agreement) with the Company), by law or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Independent Bank Corp)

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